Member Info for 8ead

Last recorded and suddenly MM drops SP 15% .... corrupt AF

Thanks Triumph,

In honestly I,would prefer to have this up and running and your are right if they have been working on this in the background, there should be no delays or changes.

With the positive sentiment, outlook and technicals, it would certainly be prudent to capitalise and get the mine up and going before yr end!

Finance plan before the AGM is unrealistically.

@RMc I disagree this will take nay hit bar sentiment you are putting out.

Last year CB said he had a finance strategy correct?

But thats been sat in a drawer for 12 months (even if it was ready to go) so will need to have been pulled out over the last month, all details rehashed and regarded and sign off and as most of us have been sat here for 5 years we know things take a while.

BUT we can all make strong opinions we are building a very profitable mine one way or the other over the next 12 months so, it might mean CB is looking at other finance packages now we have the £7m BSX which we didnt have 12 months ago.

So with continued news flow and positive progress I am expecting year end finance package, production starting shortly afterwards (wet season aside) and 2026 we start putting £30m a year in the bank!

No point giving unrealistic timeliness or expectations with the snail that is mining but we are only few months away and the steady rise means prices here wont be here or often retraced IMO

I agree the ceasefire / end of the war see's this hit teens and possibly 20p again depending on news flow and this dual listing leading to what everyone expects as a BRICS / russian MBO sale.

If the east has the news ind inside track dont want to sound to rampy or optimistic but testing and pushing past previous 52 week highs is inot un reealistic.

Impressed with the life in the share after its been through so much, I see a happy ending now or they would of just shut up shop and turn the lights out IMO

This could be my retirement pot after all.... who knows!

I predict 6 being test quite frequently. Going to watch the volume on AIX closely.

I think it will catch alot of people out given the volume, a sell off then another spike breaking through. Wasd going to try an pinch but perosnally got too much skin in the game and just going to take the steady rise over the few weeks.

What is everyone else predicting?

Quick question - Loving the positive and frequent news flow.

Can anyone explain to my simple brain why we sold mankayan when we now keep seeing gold / copper at the service and the people we sold it securing £22m to develop it?

Could we not have got the same or did we not have the funds to do this?

I believe with what's to come a move ot 0.1 is likely before the financing is announced. Imo

Why would there be more shares issued? I keep seeing people say this but why would we?

just got $6m - could easily over the next 9 months it takes to build the mine be $8m - over half the Capex needed. We could go JV, we could do a finance package or another viable option now we have it is he sells its fro a premium for someone else to build, which to be honest is not a bad shout. like premium land with planning permission!

The above options are all better the a share issue... and please remember CB has shares too, so he wont want to dilute his own.

This has so much promise for it, its gone from pretty much my guaranteed loser over the last 4 years to probably my safest bet on AIM.

Appreciate everyone waiting on sentiment, but we have had loads of good updates and communication in the last month. If he releases a positive update for financing the mine or shifting it on for a premium before or on the AGM.

Either way, i am happy with how the next 12 months look. Go cuaght years ago at the top, managed to grab and cheeky avg down so, shortly I'll be in the green and will hold until this comes through one way or the other BUT a mine is being built here and we have the keys to build it OURSELVES or sell it to someone else.

@Eastern - very much agree re Colin and hist track record - I think final thing to wait on is getting financing at that point, alot of upside and very little downside. i will invest again and then put these in the drawer while we wait for that first shovel.

Nothing is ever on time in AIM or mining but this will get there in the end IMO.

Also these MM's playing ridiculous with the SP - absolutely no reason that RNS presents a drop! its been consistenty and positive news and a very good investment at these prices.

Base price 0.2 - 0.4 in next 12 months for me, which is a x10 rerate - but I have a good feeling about this after 5 years! ha

@Eastern - my largest holding (cashwise) is at .27 i have averaged down but sperated 3 different trades, my lowest being 0.031 a few weeks ago.

I break even at around 0.14, not that nayone needs this info, but thats where I will be happy with but looking back through the notes we are looking at £30,000,000 profit per annum over the initial 5 years of the mine - surely £150m GP on a working mine with a chunk of that surely coming in juicy dividends has to knock this to £50m Share Cap, and more no?

This is all the makings of a great investment.

Just need need CB to reaffirm we have all the subcontractors still in place and a finance package for the mine. And with the Blackstone cash injection, we can throw extra skin in the game!

What's everyone's SP predictions once this mine construction is confirmed? I would say close to a a penny if not over

Thanks Prickly.

Won't lie didn't even realise we had shares in blackstone, so its only positive.

For those more in the know, will that 14m be sold to help with hope mine financing, will it be a special dividend? Will we just hold them and see what happens?

Just gathering some thoughts will do more research when im home tonight

Not to be a Debbie downer, but us owning 40% of Blackstone is great for CB.

But that money goes straight into CB and the boards pockets right? They don't have to issue dividends, they could reinvest or pay themselves a pat on the back bonus? or am I missing something?

Not the RNS anyone dreamt of and tough to watch the SP.

We would of all lived to see a tier 1 deposit found after 6 drill in 80km2 area, but the realism is we have found good deposits in 3 and a with the recent 3.

They did say they had found a new primary target and I would assuage that will be this years drilling.

Its always a risk on Aim and as gambles go this had and has alot of legs. Mining shares aren't crypto or for the quick win, they are annual plays at best but more likely 5 years. I THINK TODAY WILL BE A TRADERS DREAM for a nice 10 to 20% bounce before setlling.

Anyway wish we were all looking at tier 1 but ai do believe AA have done enough due diligence and with their refocus they are focusing on the copper plays and this is a big one if/when thry find that tier 1.

Gla.

Long term license,

Won't lie just want these assays results now patience is waning ha.

Hoping this quarterly meeting and prediction of early may is accurate.

So demoralising to see this sat here when it's should be high 2s early 3s but it is what it is for now.

I think this junior is making all the right moves.

The RSU are pretty specific maybe reading into that but if that's what they are expecting the assays to come back as then I'm okay with it!

6p in the next 3 years seems quite reserved and more than realistic.

Dint have much of an opinion on the new license for me positive but a distraction. Would prefer to be solely focused on this JV and progressing it along as much as possible.

But I guess with AA in charge they needed something to justify them being there ha

MMs as crooked as they come, how is that even feasible 😂

Gives some confidence in the above.

Been some really positive loading last week or so. Look forward to the other 3 drill results and assays.

I agree with the below. See a spike to 3p on release, settle on 2.5p as a new baseline. ( BE HAPPY IF WE GO NORTH TO 4 THOUGH... )

Results could be due any day or could be couple of months away. this isn't much a share to trade really not enough volume but it will and does pop on news!

My view is that once we see these results ( and provided they are as good and better than the last) we dont see this side of 2p again.

GLA

Considering how quiet the board is, I counted just over £50K worth of buying today. (hope my maths is right this time)

Some good sentiment there and some good loading for those drill results that should come soon enough.

@pheasant

My apologies that is 35K worth of buys!